Some highlights of this auction include:

Lot 437 1879 $4 PCGS PF62 Flowing Hair $138,000 Lot 488 1797 $10 Capped Bust PCGS AU55 $126,500 Lot 407 1909 Quarter Eagle PCGS PF65 $47,150 Lot 29 1851 Seated Dollar PCGS MS60 $46,000 Lot 412 1915 Quarter Eagle PCGS PF66 $39,100 Lot 539 1909 Double Eagle PCGS PF64 $39,100 Lot 62 1870-CC Seated Dollar PCGS MS63 $36,800 Lot 302 1889-CC Morgan Dollar NGC MS63 $33,350 Lot 30 1852 Seated Dollar PCGS AU53 $32,200 Lot 52 1864 Seated Dollar PCGS MS65 $32,200

Commenting on the Superior Santa Clara Elite Auction, Executive Vice President and COO Larry Abbott said, “We are delighted to have built upon the outstanding results of our January 2006 Orlando and February Beverly Hills Elite Auctions with this third successful auction in three consecutive months. We attribute the unqualified success of this auction to the large number of fresh, private collections that were entrusted to us by our clients, especially the Megan Collection of Double Eagles and the beautiful coins in The Property of a Lady consignment. We are now concentrating our efforts on our May Beverly Hills Elite auction, to be held immediately prior to the Long Beach Expo. The number of fresh, old-time collections consigned to this sale is nothing short of impressive, and I expect our gallery to be packed with enthusiastic bidders during the sale. It will be a terrific auction, perhaps our best of the year, and I encourage collectors and dealers to take the time to view lots prior to the sale in our newly renovated facility. It is a beautiful space, and any time spent previewing this sale will be time well spent."

For further information about this Beverly Hills Elite Auction or to consign to Superior's future Elite Auctions, please contact Paul Song, Vice President of Auctions at 310-203-9855 or paulsong@sgbh.com.

Superior Galleries, Inc. is a publicly traded company, acting as a dealer and auctioneer in rare coins and other fine collectibles. The firm markets its products through its prestigious location in Beverly Hills, California and the company’s web site at www.sgbh.com.

Included in this release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including express and implied statements concerning future growth potential, future revenues, income, results of operations, expansion plans and expectations. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that the expectations reflected in such forward looking statements will prove to have been correct. These forward-looking statements are subject to certain risks and uncertainties, including market and other conditions that may affect our ability to expand our auction and dealer activities and control our operating costs and risks identified in our SEC filings. The company’s actual results could differ materially from those anticipated in the forward looking statements as a result of certain factors including sales levels, operating costs, distribution and competition trends, consumer preferences and other market factors. Past sales performance may not be indicative of future results. No assurances are given that sales trends or sales performance on behalf of consignors or customers will continue.

Contact:

Superior Galleries, Inc.
Larry Abbott 310-203-9855
larrya@sgbh.com
www.sgbh.com

or

CCG Investor Relations
Sean Collins, 310-477-9800
www.ccgir.com

or

American Capital Ventures, Inc.
Howard Gostfrand, 305-918-7000
hg@amcapventures.com
www.amcapventures.com